R&D and Productivity Growth: Panel Data Analysis of 16 OECD Countries
This study investigates the long-term effects of various types of R&D on multifactor productivity growth, which is the spillover effect of R&D. Econometric estimates are conducted on a panel of 16 OECD countries, over the period 1980-98. All results are averages over countries and time, and...
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| Other Authors: | |
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Paris
OECD Publishing
2001
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| Series: | OECD Science, Technology and Industry Working Papers
no.2001/03 |
| Subjects: | |
| Online Access: | DE-862 DE-863 |
| Summary: | This study investigates the long-term effects of various types of R&D on multifactor productivity growth, which is the spillover effect of R&D. Econometric estimates are conducted on a panel of 16 OECD countries, over the period 1980-98. All results are averages over countries and time, and little can be said about country specificities. Major results are as follows: an increase of 1% in business R&D generates 0.13% in productivity growth. The effect is larger in countries which are intensive in business R&D, and in countries where the share of defence-related government funding is lower; a 1% increase in foreign R&D generates 0.44% in productivity growth, and the effect is larger in countries intensive in business R&D; 1% more in public R&D generates 0.17% in productivity growth. The effect is larger in countries where the share of universities (as opposed to government labs) is higher, in countries where the share of defence is lower, and in countries which are intensive in business ... |
| Physical Description: | 1 Online-Ressource (25 Seiten) 21 x 29.7cm. |
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| spelling | Guellec, Dominique VerfasserIn aut R&D and Productivity Growth Panel Data Analysis of 16 OECD Countries Dominique, Guellec and Bruno, van Pottelsberghe de la Potterie Paris OECD Publishing 2001 1 Online-Ressource (25 Seiten) 21 x 29.7cm. Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Science, Technology and Industry Working Papers no.2001/03 This study investigates the long-term effects of various types of R&D on multifactor productivity growth, which is the spillover effect of R&D. Econometric estimates are conducted on a panel of 16 OECD countries, over the period 1980-98. All results are averages over countries and time, and little can be said about country specificities. Major results are as follows: an increase of 1% in business R&D generates 0.13% in productivity growth. The effect is larger in countries which are intensive in business R&D, and in countries where the share of defence-related government funding is lower; a 1% increase in foreign R&D generates 0.44% in productivity growth, and the effect is larger in countries intensive in business R&D; 1% more in public R&D generates 0.17% in productivity growth. The effect is larger in countries where the share of universities (as opposed to government labs) is higher, in countries where the share of defence is lower, and in countries which are intensive in business ... Science and Technology van Pottelsberghe de la Potterie, Bruno MitwirkendeR ctb |
| spellingShingle | Guellec, Dominique R&D and Productivity Growth Panel Data Analysis of 16 OECD Countries Science and Technology |
| title | R&D and Productivity Growth Panel Data Analysis of 16 OECD Countries |
| title_auth | R&D and Productivity Growth Panel Data Analysis of 16 OECD Countries |
| title_exact_search | R&D and Productivity Growth Panel Data Analysis of 16 OECD Countries |
| title_full | R&D and Productivity Growth Panel Data Analysis of 16 OECD Countries Dominique, Guellec and Bruno, van Pottelsberghe de la Potterie |
| title_fullStr | R&D and Productivity Growth Panel Data Analysis of 16 OECD Countries Dominique, Guellec and Bruno, van Pottelsberghe de la Potterie |
| title_full_unstemmed | R&D and Productivity Growth Panel Data Analysis of 16 OECD Countries Dominique, Guellec and Bruno, van Pottelsberghe de la Potterie |
| title_short | R&D and Productivity Growth |
| title_sort | r d and productivity growth panel data analysis of 16 oecd countries |
| title_sub | Panel Data Analysis of 16 OECD Countries |
| topic | Science and Technology |
| topic_facet | Science and Technology |
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